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Suppose the Average Price of Gas in 2012 Was $0

question 27

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Suppose the average price of gas in 2012 was $0.95 per litre and $0.97 in 2013.The inflation rate was 3 percent in 2013.What was the 2013 price of gas in 2012 dollars?


Definitions:

Free-Ranging Spirits

Beliefs or practices in some cultures that involve spirits or entities which move freely in the world, unconfined to specific locations, objects, or rituals.

Patriarchic Religion

A religious system or society in which men hold the primary power and predominate in roles of leadership, moral authority, social privilege, and control of property.

Wicca

Wicca is a modern pagan religion that draws upon a diverse set of ancient pagan and 20th-century hermetic motifs for its theological structure and ritual practices.

Polytheism

A religious belief system that worships multiple deities.

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